China’s ambassador says Beijing is offering to form a partnership with Canada to push back against American “bullying,” suggesting the two countries could rally other nations to stop Washington from undermining global rules.
It’s easy to cast this as an all-or-nothing kind of thing, but it is possible to make multilateral deals where everyone involved gets what they want. That’s why we want competent and trained people governing these transactions.
The only thing is negociation time. It takes a very long time to strike such accords and the political time in the US is very short.
Everything could be reversed tomorrow or in 2 years or never or be rereversed in 4…
Trade deals among stable countries usually account for longer lifespans to assure the market they can deploy and still benefit from it in 20 years.
It takes an especially long time with the EU as you need all 27 countries to accept it through each parliament and sometimes referendums and account for incoming countries. Any “no” is a veto of the whole accord. And you have to start all the negotiation from scratch.
It’s easy to cast this as an all-or-nothing kind of thing, but it is possible to make multilateral deals where everyone involved gets what they want. That’s why we want competent and trained people governing these transactions.
The only thing is negociation time. It takes a very long time to strike such accords and the political time in the US is very short.
Everything could be reversed tomorrow or in 2 years or never or be rereversed in 4…
Trade deals among stable countries usually account for longer lifespans to assure the market they can deploy and still benefit from it in 20 years.
It takes an especially long time with the EU as you need all 27 countries to accept it through each parliament and sometimes referendums and account for incoming countries. Any “no” is a veto of the whole accord. And you have to start all the negotiation from scratch.